Business Ethics
Ambuja is a proud participant of UNGC and adhere to and reports on the 10 principle of the UNGC, reinforcing its commitment to human rights, labour standards, environmental responsibility, and anti-corruption.
Codes of Conduct: The Code of Conduct articulates our values, principles, and expectations for ethical business conduct. We have Code of Conduct for the Board of Directors and Senior Management, Code of Conduct for employees, and a Supplier Code of Conduct. The Codes explicitly address critical areas such as anti-corruption, non-discrimination, confidentiality, conflict of interest, whistleblower protection, and actions that may compromise ethical standards or pose risks to health, safety, security, or the environment.
Anti-Corruption and Anti-Bribery Practices: The Anti-Corruption and Anti-Bribery Policy, applicable to all designated persons, clearly defines unacceptable behaviours and practices. It strictly prohibits charitable contributions and sponsorships that are intended to secure business advantages or are unlawful, as these violate the Company’s ethical standards. Additionally, the policy forbids political contributions, sponsorships, gifts, and facilitation payments made with the intent to gain an unfair advantage in business transactions. These measures reinforce Ambuja’s commitment to ethical conduct, transparency, and compliance with legal and governance frameworks.
Conflict of Interest: We maintain a vigilant approach to identifying and mitigating potential Conflicts of Interest across leadership and operations. All Board Members are expected to act in the best interest of the Company and are required to avoid any situation—direct or indirect—that might compromise their objectivity or fiduciary responsibilities.
Anti-Trust Anti-Competitive Practices: We fully comply with applicable anti-trust and competition laws, ensuring that all agreements and commercial arrangements undergo rigorous legal and ethical scrutiny. In circumstances requiring further clarity, expert legal consultation is proactively sought before execution.
Insider Trading: We have instituted a comprehensive framework to ensure full compliance with the Securities and Exchange Board of India’s (SEBI) Prohibition of Insider Trading Regulations, 2015. All designated individuals at Ambuja Cements are required to obtain prior approval before executing any stock market transactions. Noncompliance with this requirement may lead to disciplinary action, including penalties and potential impact on performance appraisals. Additionally, mandatory training on Insider Trading is conducted for all employees to enhance awareness and reinforce adherence to the Company’s policies.